Travelers - Hartford, CT
posted about 2 months ago
The Product Management Development Program (PMDP) at Travelers is designed for individuals who are eager to engage in innovative thinking and data-driven problem solving within the insurance industry. This full-time program offers a unique opportunity to learn and tackle intellectually stimulating business challenges while developing essential skills in product management, pricing, and analytics. Participants will undergo specialized training that encompasses various aspects of insurance, including actuarial science and underwriting, while enhancing their technical and data analysis capabilities. Throughout the one-year rotational program, participants will gain hands-on experience by collaborating with different product teams and leaders across Personal and Business Insurance sectors. The program aims to prepare candidates for a successful career in Product Insurance by providing exposure to real-world scenarios and the chance to work on significant projects that impact the company's product offerings. As part of the program, participants will support data analysis of business results, conduct loss and production analyses, and engage in competitive intelligence projects. They will also consult with Business Intelligence and Analytics teams to inform pricing decisions and collaborate with various teams to drive product profitability. The role requires a proactive approach to learning about the P&C insurance industry and leveraging data analytic skills to make informed recommendations regarding product and pricing strategies.